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by jeremy_wiebe 1924 days ago
Sounds exactly like the empty homes tax in Vancouver!
1 comments

The LVT is this but... more. The idea of a full land-value tax is based on a principle related to universal basic income. In both cases, the argument is that by applying the tax/income to every stakeholder indiscriminately, it removes bureaucratic complexity and motivation to "cheat" the system.

Since the effect is the same no matter what, we don't need a huge statute listing what does and does not apply as X.

> The idea of a full land-value tax is based on a principle related to universal basic income.

And tangentially: seeking a minimal state that exists solely to collect LVT (and possibly Pigovian and severance taxes) and distribute the proceeds evenly as UBI is the basic idea around geolibertarianism.